Notable Stock to Watch: Globe Life Inc. (NYSE: GL)

Globe Life Inc. (NYSE: GL) changed -1.25% to recent value of $88.14. The stock transacted 604786 shares during most recent day however it has an average volume of 446.4K shares. It spotted trading -5.49% off 52-week high price. On the other end, the stock has been noted 26.49% away from the low price over the last 52-weeks.

Globe Life Inc. (NYSE: GL) announced that its Board of Directors has declared a quarterly dividend of $0.1725 per share on all of the outstanding common stock of the Company held of record as of the close of business of the Company’s transfer agent on October 4, 2019.  The dividend will be paid on November 1, 2019.

Globe Life Inc. is a holding company specializing in life and supplemental health insurance for “middle income” Americans marketed through multiple distribution channels including direct response, and exclusive and independent agencies.  Globe Life has several nationally recognized insurance subsidiaries.  Globe Life And Accident is a direct-response provider of life insurance known for its administrative efficiencies.  American Income Life provides individual life insurance to working families.  Liberty National Life is one of the oldest traditional life insurers in the Southeast.  United American is a consumer-oriented provider of supplemental life and health insurance.  Family Heritage Life provides individual supplemental health insurance. GL has an operating margin of 22.00% while its profit margin remained 16.30% for the last 12 months. Its earnings per share (EPS) expected to touch remained 24.50% for this year while earning per share for the next 5-years is expected to reach at 7.60%.

 The company has 107.65M of outstanding shares and 106.91M shares were floated in the market. The price moved ahead of 1.22% from the mean of 20 days, -1.23% from mean of 50 days SMA and performed 3.69% from mean of 200 days price. Company’s performance for the week was 1.17%, 0.56% for month and YTD performance remained 18.26%.

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